vlogolution network » national debt

Chinese Professor Video – The Deficit Trials – Who will you be working for in 2030?

Alexander P Morris — Mon, 22 Nov 2010 21:36:38 +0000

Citizens Against Government Waste (CAGW) recently unveiled a national ad addressing our country’s spending addiction, the dangers of relentless deficits, and the corrosive nature of our national debt.

This new ad, which features a chilling look at one potential future scenario if America continues on its current destructive fiscal trajectory, is a 2010 homage to “The Deficit Trials,” a 1986 ad that was produced by W.R. Grace & Co. For those who were able to view it, the ad caused a sensation; it was considered so controversial at the time that the networks refused to run it.

J. Peter Grace, CAGW’s co-founder and the chairman of President Ronald Reagan’s Private Sector Survey on Cost Control (the Grace Commission), was alarmed about what the debt would do to future generations. The national debt was $2 trillion in 1986, when “The Deficit Trials” ad was denied broadcast time; today the debt stands at $13.7 trillion and is projected to reach 140 percent of GDP in two decades, the time in which the new CAGW ad is set.

The new ad is part of an ongoing communications program in CAGW’s decades-long fight against wasteful government spending, increased taxes, out-of-control deficit spending, and a crippling national debt that threatens the future and survival of our country. CAGW plans to run the ad on major cable networks throughout the rest of 2010 and into 2011.

“Speaking the truth in times of universal deceit is a revolutionary act.” — George Orwell

America’s Perfect Little Goldilocks Economy – or is it? A deeper look into government statistics

Alexander P Morris — Sun, 04 Nov 2007 22:00:00 +0000

An interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21), discussing the realities behind our perfect little Goldilocks Economy as repeatedly portrayed in the financial media. We also explore the truth behind government inflation, GDP, monetary, and other economic statistics, and how the methods of calculation seem to keep changing to suit their “greater” purpose – and NEVER in favor of the public’s “greater” good.

The U.S. Dollar connection to inflation, the economy, and boatloads of debt

Alexander P Morris — Sun, 28 Oct 2007 22:00:00 +0000

An interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21), discussing how the U.S. Dollar and monetary policy relates to inflation, the economy, and the government’s out-of-control spending spree.

Global Perspectives on the Decline and Fall of the US Dollar

Alexander P Morris — Wed, 24 Oct 2007 22:00:00 +0000

An interesting interview with Daryl Montgomery of the New York Investing Meetup (http://investing.meetup.com/21), discussing how foreign markets such as China have fared since the Fed’s last rate cut, along with the potential global repercussions to come.